Ajinkya Kawale, Subrata Panda, Business Standard

Stories by Ajinkya Kawale, Subrata Panda, Business Standard

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com   25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

JLR Cyberattack Triggers $2.55 Billion Shockwave

JLR Cyberattack Triggers $2.55 Billion Shockwave

Rediff.com   23 Oct 2025

At an estimated 1.9 billion in losses and over 5,000 UK organisations affected, the Jaguar Land Rover cyberattack has been labelled the most economically damaging cyber incident in UK history, exposing the deep vulnerability of interconnected supply chains.

Trump Tariffs Dim Diamond City's Diwali Sparkle

Trump Tariffs Dim Diamond City's Diwali Sparkle

Rediff.com   18 Oct 2025

For both polishing unit operators and diamond merchants, the US is still the biggest export destination: Three in every 10 diamonds polished in India end up in American stores.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com   17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

India Inc hits bond mkt to raise over Rs 17,500 cr

India Inc hits bond mkt to raise over Rs 17,500 cr

Rediff.com   15 Oct 2025

Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.

Pilot Training In India Is Below The Mark

Pilot Training In India Is Below The Mark

Rediff.com   14 Oct 2025

The principal problem lies in lack of training infrastructure and relatively lax safety standards.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com   13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com   8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com   2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.

Is Paytm Out Of The Woods?

Is Paytm Out Of The Woods?

Rediff.com   2 Oct 2025

'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'

Gold, Silver Shine As Stocks Slip

Gold, Silver Shine As Stocks Slip

Rediff.com   1 Oct 2025

'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com   30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

H1B Crisis: 'No Point Going To The US'

H1B Crisis: 'No Point Going To The US'

Rediff.com   30 Sep 2025

'Every parent should rethink their decisions to send their children to the US.'

UPI Boom Drives Down Cash Demand

UPI Boom Drives Down Cash Demand

Rediff.com   25 Sep 2025

UPI crossed 20 billion monthly transactions for the first time in August 2025, with a transaction value of Rs 24.85 trillion.

Lotus-Inspired Mumbai Airport Set to Bloom

Lotus-Inspired Mumbai Airport Set to Bloom

Rediff.com   24 Sep 2025

NMIAL is spending close to Rs 18,000 crore to get the airport up and running.

India Has 73 Unicorns; RMGs Knocked Out

India Has 73 Unicorns; RMGs Knocked Out

Rediff.com   19 Sep 2025

RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.

Adani Airports To Test Pre-Booked Security Slots

Adani Airports To Test Pre-Booked Security Slots

Rediff.com   18 Sep 2025

If implemented in India, the service will allow passengers book security screening slots in advance, helping cut down wait times in long queues.

20 Million UPI AutoPay Revoked Monthly

20 Million UPI AutoPay Revoked Monthly

Rediff.com   15 Sep 2025

'There is a debit execution failure which is because there is not enough money in the user's bank account.'

'No Indian insurer can ignore bancassurance'

'No Indian insurer can ignore bancassurance'

Rediff.com   8 Sep 2025

'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com   5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.